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Snowline audit receives clean opinion but notes custodial-fund reporting issue; board approves audit
Summary
District auditor gave an unmodified opinion for both the district and Measure J bond but flagged an internal-control finding tied to a custodial fund restatement and a fair-market-value misstatement; the board approved the audit unanimously after staff said the county corrected the missing custodial amount.
The district’s independent auditor presented the 2024–25 audit and reported an unmodified (clean) opinion for both the Snowline Joint Unified School District and the Measure J bond, while also identifying an internal-control finding related to custodial-fund reporting and fair-market valuation disclosures.
The auditor, who introduced herself in the meeting, said the finding has two parts: a…
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